Coffee roasters get tax cut from Waterloo Town Council

Taxes for the coffee-roasting business will start at zero and progress by 20 percent each year until full taxation after five years.

“What we’re hoping for is to bring a unique business, especially to a town the size of Waterloo,” said Kevin Reed, who owns the business with his wife, Tawnie.

Reed said the couple want to start retail sales of coffee beans.

“Our intent will be to ensure there is a coffee shop in that block,” run either by themselves or separate owners, Reed said.

Reed said the coffee company also has made an offer to purchase the vacant Veterans of Foreign Wars post.

“We may end up with two buildings and, hopefully, a couple of viable businesses here in town,” Reed said.